Indicate by check mark whether the Registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ¨

Section 7

Regulation FD

Item 7.01.

Regulation FD Disclosure.

On September 11, 2018,
the Board of Directors of the Company declared a quarterly dividend of $0.15 per share on the common stock of the Company. The dividend
will be payable on October 10, 2018 to shareholders of record as of September 25, 2018.

Section 8

Other Events

Item 8.01.

Other Events.

Also, on September
11, 2018, the Board of Directors increased the Company’s total share repurchase authorization by $100 million and extended
the share repurchase program through the end of fiscal 2020. All other terms of the share repurchase program remain in effect.

On September 11,
2018, the Company’s Board of directors initiated a quarterly cash dividend of $0.15 per common share, payable on October
10, 2018 to shareholders of record on September 25, 2018.

Additional
Share Repurchase Authorization

On September 11,
2018, the Board increased the Company’s total share repurchase authorization $100 million and extended the share repurchase
program through the end of fiscal 2020. All other terms of the share repurchase program remain in effect. During the second
quarter of 2018, we repurchased approximately 729,000 shares for $33.7 million, with an additional 212,000 shares for $11.3 million
through September 11, 2018 during the third quarter. As of the same
date, cumulatively, we had repurchased 4.8 million shares for
$253.1 million. Including the additional authorization, we now have approximately $146.9 million available for share repurchases.

About Dave & Buster’s Entertainment,
Inc.

Founded in 1982 and headquartered in Dallas,
Texas, Dave & Buster's Entertainment, Inc., is the owner and operator of 117 venues in North America that combine entertainment
and dining and offer customers the opportunity to "Eat Drink Play and Watch," all in one location. Dave & Buster's
offers a full menu of entrées and appetizers, a complete selection of alcoholic and non-alcoholic beverages, and an extensive
assortment of entertainment attractions centered around playing games and watching live sports and other televised events. Dave
& Buster's currently has stores in 38 states, Puerto Rico, and Canada.

Forward-Looking Statements

The statements contained in this release
that are not historical facts are forward-looking statements. These forward-looking statements involve risks and uncertainties
and, consequently, could be affected by our level of indebtedness, general business and economic conditions, the impact of competition,
the seasonality of the Company's business, adverse weather conditions, future commodity prices, guest and employee complaints and
litigation, fuel and utility costs, labor costs and availability, changes in consumer and corporate spending, changes in demographic
trends, changes in governmental regulations, unfavorable publicity, our ability to open new stores, and acts of God. Accordingly,
actual results may differ materially from the forward-looking statements, and the Company therefore cautions you against relying
on such forward-looking statements. Dave & Buster's intends these forward-looking statements to speak only as of the
time of this release and does not undertake to update or revise them as more appropriate information becomes available, except
as required by law.